SOCRATUS COLLECTIVE WISDOM CORPORATION

EIN: 853458271 501(c)(3) Public & Societal Benefit

BELMONT, MA

Total Revenue
$649,165
Total Expenses
$541,605
Total Assets
$891,184
Net Assets
$866,989
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
MA
Tax Period
2023-07-01 to 2024-06-30

SOCRATUS COLLECTIVE WISDOM CORPORATION, founded in 2020, is a small nonprofit in the Public & Societal Benefit sector that reported $649K in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $108K, a strong 17% operating margin.

Mission

SOCRATUS COLLECTIVE WISDOM CORPORATION CONDUCTS SCIENTIFIC RESEARCH,LITE RARY EXPOSITION AND EDUCATIONAL OFFERINGS FOR SOCIAL AND ENVIRONMENTAL PROBLEMS WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $649,165
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $649,165

Expense Breakdown

Grants Paid $62,301
Salaries & Benefits $174,489
Fundraising Expenses $21,924
Program Expenses $465,810
Other Expenses $292,115
TOTAL EXPENSES $541,605

Year-over-Year Comparison

2023 2022 Change
Revenue $649,165 $971,306 -0.3%
Expenses $541,605 $292,928 +0.8%
Net Income $107,560 $678,378 -0.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
N/A
Employees
2
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
2
$100,833
Key Employees
3
$100,833
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAJESH KASTURIRANGAN PRESIDENT 41.60
Director Key Emp
$100,833 $0 $100,833
GLENN BRODY-MAGID DIRECTOR 0.00
Director
$0 $0 $0
VANDANA SINGH CLERK 0.00
Key Emp
$0 $0 $0
FRANSIS STEEN TREASURER 0.00
Key Emp
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $649,165 $541,605 $891,184 $107,560
2023 $971,306 $292,928 $774,139 $678,378
2022 $201,052 $144,428 $81,051 $56,624
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